PSD2’s Strong Authentication Doesn't End Fraud Risk for Merchants

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PaymentsSource.com

By Catherine Tong

Many merchants may have thought that the Strong Customer Authentication (SCA) elements of the European Payment Services Directive 2 (PSD2) would mean that fraud liability would be shifted away from their responsibility.

With a deeper understanding of the regulation, there is a realization that there are still many things which should be considered when managing online fraud attacks.